mining sector news

Global mining and commodities giant Glencore has reported a strong start to 2026, with its first-quarter copper production rising 19% year-on-year, driven by improved ore grades and higher output from key mining assets. The company…

Shares of Critical Metals Corp. surged sharply after the company secured near-total control of a major rare earth project in Greenland, signaling a significant milestone in the global race for critical minerals. The rally followed approval…

Rio Tinto has announced its exit from the Diavik diamond mine, signaling a turning point for Canada’s once-thriving diamond mining sector. The Diavik mine, located in the remote Northwest Territories, has been a cornerstone of Canada’s…

Copper prices declined in global markets as inventories on the London Metal Exchange (LME) surged to their highest levels in over six years, signaling a potential oversupply in the near term. The rise in stockpiles has raised concerns…

Hudbay Minerals has announced a definitive agreement to acquire Arizona Sonoran Copper Company in a transaction valued at approximately $1 billion, marking a significant consolidation move in the North American copper mining sector. The…